Go to deals
Industrial Machinery & Components

Nolato has acquired US-based GW Plastics

Nolato AB has acquired GW Plastics, Inc. The acquisition significantly strengthens Nolato's position in North America, making the company a truly global partner to its customers.

Nolato is a Swedish group with operations in Europe, Asia and North America. The company develops and manufactures products in polymer materials such as plastic, silicone and TPE for leading customers within the medical technology, pharmaceuticals, consumer electronics, telecom, automotive, hygiene and other selected industrial sectors. Nolato’s shares are listed on Nasdaq Stockholm in the Large Cap segment, where they are included in the industrials sector.

Founded in 1955, GW Plastics specializes in providing complex injection molded thermoplastic and silicone solutions to a highly demanding customer base primarily constituted of companies in the healthcare and automotive industries. The company, with over 1,000 employees, is headquartered in Bethel, Vermont, with additional manufacturing facilities in Royalton (Vermont), Grantham (New Hampshire), San Antonio (Texas), Tucson (Arizona), Queretaro (Mexico), Dongguan (China) and Sligo (Ireland).

Oaklins’ team in Sweden, together with the team in Cleveland, advised the buyer on this transaction. Following the acquisition of Switzerland-based Treff AG in 2016, and the sale of non-core subsidiary Nolato Hertila to Essentra in 2018, the acquisition of GW Plastics marked the third transaction that the Swedish team has closed on behalf of Nolato.

Service
M&A buy-side
Parties
“This acquisition provides us with significant volumes and a strong position on the key North American continent. It supports relationships with existing customers, while also creating additional opportunities for growth and expanding our customer base.”

Christer Wahlquist

President and CEO, Nolato AB

Talk to the deal team

 Nikolaos  Karabelas

Nikolaos Karabelas

Partner

Stockholm, Sweden
Oaklins Sweden
 Sven-Åke  Lewin

Sven-Åke Lewin

Partner

Stockholm, Sweden
Oaklins Sweden
 Mark A. Filippell

Mark A. Filippell

Managing Director

Cleveland, United States
Oaklins Citizens Capital Markets
 James M. Irwin

James M. Irwin

Managing Director

Cleveland, United States
Oaklins Citizens Capital Markets
 Jakob  Mårtensson

Jakob Mårtensson

Analyst

Stockholm, Sweden
Oaklins Sweden

Related deals

Fameco Group has been acquired by Keller & Kalmbach
Industrial Machinery & Components

Fameco Group has been acquired by Keller & Kalmbach

Fameco Holding AB has sold Fameco Group AB to Keller & Kalmbach GmbH (K&K).

Learn more
Cie Normand has been acquired by Metal Pless
Industrial Machinery & Components

Cie Normand has been acquired by Metal Pless

The current owners of Cie Normand Ltd., the fifth generation of Normand brothers, have sold the company to Metal Pless Inc.

Learn more
Axel Johnson International has acquired Caldan Conveyor
Industrial Machinery & Components

Axel Johnson International has acquired Caldan Conveyor

Axel Johnson International AB has expanded within industrial automation through the acquisition of Caldan Conveyor A/S, creating a strong partnership in the delivery of overhead and floor conveyor systems. Caldan will become an integral part of Axel Johnson International’s recently formed industrial automation segment and part of the business group Industrial Solutions. The transaction is subject to clearance by relevant local competition authorities.

Learn more